impact.com, the partnership management platform driving partnerships for more than 2,000 brands across the globe, announced that the company has acquired Pressboard, the premier analytics and reporting platform for branded content.
This acquisition empowers publishers to scale their content partnership opportunities, and enables more robust partnership opportunities between publishers and brands to drive efficiency, revenue, and further accelerate the growth of the partnership economy.
In the fast-evolving advertising industry, publishers are confronted with unique challenges as traditional advertising is in rapid decline and consumers’ use of ad-blockers are on the rise.
impact.com’s mission to power the partnership economy
This evolution led to an approximate $20bn valuation for the branded content in 2021, with 88% of publishers driving much of their revenue from this source. As this landscape evolves, so must publishers’ ability to adapt to the changing behaviors of today’s modern consumers.
“impact.com’s acquisition of Pressboard aligns with our mission to revolutionise and power the partnership economy,” said David A. Yovanno, Chief Executive Officer of impact.com.
“To succeed in this highly competitive landscape, publishers, brands, and agencies must be equipped with best-in-class technology to drive profitable revenue.”
“The future of commerce is content-driven, and this acquisition allows publishers to meet the demands of today’s digital consumers with authentic experiences that deliver real results.”
impact.com in position to give creators granular insights
Pressboard provides a comprehensive suite of tools to measure sponsored content, eCommerce, and social media programs. Through powerful integration capabilities, Pressboard provides content creators with granular insights in one single dashboard.
From reporting automation to campaign execution and analysis, Pressboard enables content studios to run more efficiently than ever before to unleash maximum earning potential.
“We are thrilled to combine forces with impact.com and continue to build the tools that allow publishers to partner with their advertisers and create powerful and engaging branded content programs for their audiences,” said Jerrid Grimm, Co-founder of Pressboard.
“Pressboard, combined with impact.com, is uniquely positioned to help our partners capitalise on this enormous market opportunity. Together we will help publishers maximise profitability by generating meaningful connections with consumers.”
impact.com acquisition positions them well in the market
“At Hearst, and across the publishing industry, branded content is the product most talked about. We recognised this trend early on and created Hearst StoryStudio, which continues to set new revenue records each year,” said Alison Pfaff, President at Hearst StoryStudio.
“This is a smart acquisition by impact.com as publishers will continue to look for opportunities to create authentic content that resonates with consumers and, in turn, move away from more traditional advertising tactics that make consumers turn a blind eye.”